 The world is too expensive for Gronroos
On Sat, 19 Jan 2008 06:30:30 -0800 (PST), Romeo Raabe
<mbwa@netnet.net> wrote:
>I found the rate inside Thailand was better than the quoted rates
>elsewhere, something about the Thai bank wanting to help promote
>tourism. I was there in October and the expected rate was 32 baht to
>the usd at the time while my rate at ATM's was 35.
If you got 35 Baht to the US$ at an ATM machine then that would have
been a rate given *outside* Thailand. The exchange rate on ATM cash
withdrawals is applied by your own bank at home.
Chris
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